Political News
High Court sets date for Octopus takeover of Bulb
Octopus Energy’s planned takeover of collapsed energy retailer Bulb was given the go-ahead by the High Court on Wednesday, as other suppliers rushed to try and block the sale.
Sunak rules out Swiss-style deal with EU
Prime Minister Rishi Sunak insisted on Monday that the UK would not pursue any Swiss-style deals with the European Union.
Bulb administration costs soar to £6.5bn
The taxpayer bill for bailing out failed energy supplier Bulb has surged to £6. 5bn, according to official documents released on Thursday.
Hunt: UK already in recession
Chancellor Jeremy Hunt confirmed the UK was already in recession on Thursday, as he unveiled a £55bn package of higher taxes and spending cuts in his first autumn budget.
UK rail union members vote to renew strike action
British rail workers have voted to continue taking industrial action in their ongoing dispute over pay and jobs, their union said on Wednesday.
Missile strike likely an 'unfortunate accident' - Poland president
A missile which landed in Poland earlier this week, killing two people, was likely an "unfortunate accident", the country’s president said on Wednesday.
Hunt mulling fresh windfall tax on power generators - report
The chancellor Jeremy Hunt is considering introducing a 40% windfall tax on the "excess returns" of electricity generators as part of this week’s Autumn Statement, it was reported on Tuesday.
Top US general sees potential for talks between Kyiv and Moscow
America's top general believes he sees scope for diplomatic talks between Kyiv and Moscow.
Grant Shapps hints at windfall tax - report
Grant Shapps appeared to hint further windfall taxes on energy companies could be included in the November budget, it was reported on Monday.